OGH: Lease-Purchase Model for Apartments Under Scrutiny!
In its ruling on July 9, 2024, case number 10 Ob 29/24y, the Supreme Court (OGH) examined the applicability of the Property Developer Contract Act (BTVG) to lease-purchase models for apartments. The key question was whether a paid option contract aimed at acquiring apartment ownership qualifies as a property developer contract under § 2 (1) BTVG.